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Thursday, September 28, 2017

Trump US$5t tax plan won't get passed.

Why the US$5T tax plan won't get passed?  The Senate budget committee has a policy not to increase the national debt by US$1.5T in the next decade.  Therefore, the US$5T is way above this incremental limit.  Trump has to cut his tax plan by US$3.5T and he doesn't know how to cut it.

https://www.thestar.com/news/world/2017/09/27/trump-republicans-propose-5-trillion-tax-plan-cuts-to-individual-and-corporate-rates.html

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